Financing secured for Kenya road upgrade

Financing has been secured to pay for upgrading work for the road connecting Kenol, Sagana and Marwa in Kenya. The 84km route includes a stretch of the A2 road and will be widened to dual carriageway status, with two lanes in either direction and a central divider, rather than one lane in in either direction at present. Funding is being provided by the 1586 African Development Bank (AfDB) in the shape of loans worth US$237 million. The AfdB’s loan package will pay for around 69% of the work, with the People’s Bank of China and the Africa Growing Together Fund (AGTF) of the development bank providing a further 12%.